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Markets that help determine mortgage rates started two assume a further two rate rises at least in the next few weeks taking base rate to 5%. 0r higher. mortgage payers are feeling the pain. well it's starting to feel like it's almost relentless. you know it's like, 0k, almost relentless. you know it's like, ok, when is it going to stop? when there has been a rate increase the bank of england has increased the bank of england has increased the interest rates, literally the next week ich i have had a letter saying, good news we are putting up your repayments. according to moneyfacts an average ...

Like it is almost relentless. like, 0k, where is it going to stop? every time there's been a rate increase, the bank of england has increased the interest rates, literally the next week saying, "good news! we are putting up your repayments." this is what's happening in the mortgage market. an average two—year fixed—rate is now 5.72% without the bank of england changing the official rate since last month. and for a five—year fix, this is now at 5.41%. these are the highest levels since the aftermath of that mini budget crisis late last year. mortgage companies including tsb and santander ...

I don't have anything to preview for you. >> thinks of the economic plan the vaccination plan the administration put into action america has achieved the most robust recovery in modern history. and he is right, record number of jobs have been added since he took office. but, records are also being broken at gas stations everywhere. in fact a new record high for a gallon every day for a month except for one day, may 27th, it is worse in california where it's over $6 a gallon. nevada $5.49, oregon $5.41 and "wall street journal" poll finds that 83% of americans now describe the state of the u.s....

Paycheck to paycheck. these realities pushing the federal reserve to take action again, raising interest rates by half a percentage point, the biggest hike in 22 years. >> inflation is much too high. we understand the hardship it is causing. >> reporter: the fed's goal, slow down spending to bring inflation down, which is soaring at 8.5%, a 40-year high. prices spiking across the board, from rent to groceries to gas. the national average for a gallon of regular $4.23, 10 cents higher than a week ago. >> i have not been able to do the complete fill up because, you know, i'm on a, basically, fix...

Investigated by degre.c. police. one thing to look forward to in the new year, lower gas prices. the national average for gas $2.25 a gallon, nearly 20% of states enjoying prices below $2 a gallon. the loafest since -- lowest since 2017. the president tweeted twice on new year's day about gas prices. prices are low and expected to go down this year, this would be good. do you think it's just luck that gas prices are so low and falling? low gas prices are like another tax cut. u.s. crude settled at $45.41 a barrel monday, ending down nearly 25% for the year. that's a remarkable crash in oil p...